New York sources have stated that an Indian origin former official of one of the largest pension funds has been charged in a prostitutes and drugs bribery scheme involving billions of dollars in business and a director and strategist at the New York State Common Retirement Fund (NYCRF), Navnoor Kang “allegedly steered billions of dollars of business to broker-dealers who bribed him with luxury vacations, high-priced watches, drugs, cash and more”.